News Digest

Follow the last news about technology, media and telecoms companies in China.

News Digest: April 10, 2014

The following press releases and media reports about Chinese companies were carried on April 10. To view a full article or story, click on the link next to the headline.
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  • Goldman (NYSE: GS), Warburg Advance In China Huarong Sale: Sources (English article)
  • MIIT To Begin Private Sector Broadband Network Trials in H2 (English article)
  • iKang Healthcare (Nasdaq: KANG) Rises 8 Pct In IPO Trading Debut (Chinese article)
  • Fosun Int’l (HKEx: 656) To Raise Up To $669 Mln In Rights Offering (English article)
  • P2P Lending Site Ppdai.com Raises Tens Of Millions Of Dollars In New Funding (Chinese article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: April 9, 2014

The following press releases and media reports about Chinese companies were carried on April 9. To view a full article or story, click on the link next to the headline.
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  • Jack Ma, Shi Yuzhu Invest 6.5 Bln Yuan In Wasu Media (Shenzhen: 000156) (Chinese article)
  • China Approves InBev (NYSE: BUD) Purchase Of Siping Ginsber (Chinese article)
  • Imax (NYSE: IMAX) Sells 20 Pct Of China Business To 2 Partners (Chinese article)
  • China Mobile (HKEx: 941) VNO Partners Start To Apply For Licenses (Chinese article)
  • iKang Healthcare (Nasdaq: KANG) Prices IPO At $14, The High End Of Range (English article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: April 5-8, 2014

The following press releases and media reports about Chinese companies were carried on April 5-8. To view a full article or story, click on the link next to the headline.
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  • Baidu Near Deal To Control Ctrip (Nasdaq: CTRP), Integrate With Qunar (Chinese article)
  • Weibo IPO Could Value Company At About $1.66 Bln (English article)
  • Xunlei Lands $310 Mln In New Funding Led By Xiaomi – Source (English article)
  • GlaxoSmithKline (London: GSK) Sacks Some China Staff For Malpractice: Source (English article)
  • Tuniu Files To Raise Up To $120 Mln In New York IPO (Chinese article)
  • Latest calendar for Q1 earnings reports (Earnings calendar)

News Digest: April 5, 2014

The following press releases and media reports about Chinese companies were carried on April 5. To view a full article or story, click on the link next to the headline.
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  • Chinese IPO Drought in New York Ends as Tarena (Nasdaq: TEDU) Advances (English article)
  • Ctrip (Nasdaq: CTRP) Announces Up to $600 Mln Share Repurchase Program (PRNewswire)
  • Alibaba’s Jack Ma Invests $532 Mln In Financial Software Firm (English article)
  • Kingsoft (HKEx: 3888) Makes $90 Mln Investment In Video Site Xunlei (Chinese article)
  • Online Wine Merchant Jiuxian Announces 260 Mln Yuan Fifth-Round Funding (English article)

News Digest: April 3, 2014

The following press releases and media reports about Chinese companies were carried on April 3. To view a full article or story, click on the link next to the headline.
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  • ICBC (HKEx: 1398) Considers Bid For Unicredit’s Pioneer Fund Arm: Source (English article)
  • Security Software Maker Cheetah Mobile Files For $300 Mln US IPO (English article)
  • 51job (Nasdaq: JOBS) Announces Proposed $150 Mln Convertible Note Offer (PRNewswire)
  • Intel (Nasdaq: INTC) Announces $100 Mln Smart Device Fund For China (Businesswire)
  • New Virtual Network Operators Confronted With High Wholesale Prices (Chinese article)

News Digest: April 2, 2014

The following press releases and media reports about Chinese companies were carried on April 2. To view a full article or story, click on the link next to the headline.
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  • Building Materials Maker Xuzhou Zhongsen Missed Bond Payment: Report (English article)
  • Qihoo 360 (NYSE: QIHU) In Talks to Acquire Group Buy Site 55Tuan – Source (English article)
  • Inventory At 46 Car Makers Climbs 14 Pct To 86 Bln Yuan (Chinese article)
  • LDK Solar (NYSE: LDK), Joint Provisional Liquidators Provide Update (PRNewswire)
  • Shanda Sells 41 Pct Of Ku6 Media (Nasdaq: KUTV) To Xu Xudong (English article)

News Digest: April 1, 2014

The following press releases and media reports about Chinese companies were carried on April 1. To view a full article or story, click on the link next to the headline.
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  • Huawei 2013 Profit At 21 Bln Yuan, Sales Outpace Ericsson (Stockholm: ERICb) (Chinese article)
  • Shanghai Media Group Undergoes New Round Of Restructuring (Chinese article)
  • Xiaomi Targets 100 Mln Handset Shipments In 2015 (English article)
  • Alibaba Invests $692 Mln In Chinese Department Store Operator (English article)
  • Tesla’s (Nasdaq: TSLA) China Chief Resigns, Company Cites Personal Reasons (English article)

News Digest: March 29-31, 2014

The following press releases and media reports about Chinese companies were carried on March 29-31. To view a full article or story, click on the link next to the headline.
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  • Citic Group Plans HK Listing By Reversing Into Citic Pacific (HKEx: 267) (English article)
  • Baidu (Nasdaq: BIDU) Defeats US Lawsuit Over Censored Search Results (English article)
  • Alibaba Listing Underwriters To Get 1 Pct Fee, New Low For Internet IPO (English article)
  • LDK (NYSE: LDK) Confirms Offshore Restructuring and Interim Financing (PRNewswire)
  • Camelot Information Systems (NYSE: CIS) Announces Completion of Merger (PRNewswire)

News Digest: March 28, 2014

The following press releases and media reports about Chinese companies were carried on March 28. To view a full article or story, click on the link next to the headline.
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  • Alstom (Paris: ALO) Shares Sink On Risk Of Fine In US Bribery Probe (English article)
  • KFC (NYSE: YUM) China Launches New Menu, Marketing Strategy Nationwide (Businesswire)
  • ICBC (HKEx: 1398) Announces Annual Results For 2013 (HKEx announcement)
  • Hyatt (NYSE: H) To Introduce 2 New Brands To China (Businesswire)
  • Lenovo (HKEx: 992) Recalls 110,000 Notebook PC Batteries In China (Chinese article)
  • Latest calendar for Q4 earnings reports (Earnings calendar)

News Digest: March 27, 2014

The following press releases and media reports about Chinese companies were carried on March 27. To view a full article or story, click on the link next to the headline.
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News Digest: March 26, 2014

The following press releases and media reports about Chinese companies were carried on March 24. To view a full article or story, click on the link next to the headline.
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  • ICBC (HKEx: 1398) Cuts Off Alipay, To Phase Out 3rd Party Payment Platforms (Chinese article)
  • P2P Lending Platform China Risk Finance Weighs US Listing – Source (Chinese article)
  • Agricultural Bank Of China (HKEx: 1288) Announces Annual 2013 Results (HKEx announcement)
  • Wanda To Add 780 RealD (NYSE: RLD) 3D Cinema Systems Across China (Businesswire)
  • Camelot (NYSE: CIS) Announces Shareholder Approval of Merger Agreement (PRNewswire)
  • Latest calendar for Q4 earnings reports (Earnings calendar)